---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-040954"
form_type: "8-K"
ticker: "AETN"
cik: "0000764630"
company_name: "SHOREPOWER TECHNOLOGIES INC."
filed_at: "2026-09-01T14:30:13+00:00"
generated_at: "2026-09-01T14:31:16.298445+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Aeternum Health pivots to critical minerals, names new CEO, raises $4M for Nigeria tin mine

## Summary
- Aeternum Health to become Aeternum Resources; Paul Mann named President/Executive Chairman, Josua Oosthuizen CEO effective July 31, 2026.
- Raised over $4M from Mann via promissory note for Nigeria tin/niobium/tantalum mine; commercial production expected 1H 2027.
- Oosthuizen gets $240k base, 60% bonus, milestone bonuses up to $200k each for $3M/$6M/$9M/$12M monthly revenue targets.
- Pieter Scholtz appointed CFO at $165k salary; shareholders approved 500M authorized shares and 1:20 reverse split.
- Processing plant (90 tph, ~500k t/yr) shipped from South Africa, installation expected 4Q 2026; $1.5M debt exchanged for 75M shares at $0.02.

## SEC filing metadata
- accession: 0001493152-26-040954
- form_type: 8-K
- ticker: AETN
- cik: 0000764630
- company_name: SHOREPOWER TECHNOLOGIES INC.
- filed_at: 2026-09-01T14:30:13+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/764630/000149315226040954/0001493152-26-040954-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764630/000149315226040954/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-040954
- JSON: https://secwatch.observer/filing/0001493152-26-040954.json
- Plain text: https://secwatch.observer/filing/0001493152-26-040954.txt

## Key facts
- Executive change
  Pieter Scholtz was appointed as CFO at SHOREPOWER TECHNOLOGIES INC..
  - Action: appointed
  - Role: CFO
  source text: On August 8, 2026, Aeternum entered into an employment agreement with Pieter Scholtz .as CFO of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/764630/000149315226040954/0001493152-26-040954-index.htm
- Executive change
  Josua Oosthuizen was appointed as CEO at SHOREPOWER TECHNOLOGIES INC..
  - Action: appointed
  - Role: CEO
  source text: On July 31, 2026, the Company entered into an employment agreement with Josua Oosthuizen .as CEO of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/764630/000149315226040954/0001493152-26-040954-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.